1324 E 4170 S, Millcreek, UT 84124
1324 E 4170 S, Millcreek, UT 84124
1324 E 4170 S, Millcreek, UT 84124
6
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$660,000
Est. payment /mo
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4 Beds
2 Baths
1,624 SqFt
Coming Soon

1324 E 4170 S Millcreek, UT 84124

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Franco Preston

Franco Preston

+1(801) 403-4185

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,624 sqft

Price per Sqft $406

Subdivision Donjean Sub

MLS Listing ID 2188573

Style Side By Side

Bedrooms 4

Construction Status Blt./Standing

HOA Y/N No

Year Built 1959

Annual Tax Amount $4,344

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Duplex

Property Description

Great investment opportunity! This well-cared-for property offers an excellent opportunity for an investor looking to build or expand a rental portfolio. Even better, this property is part of a larger offering that includes three duplexes and a fourplex. That's 10 total units that can be purchased together. For an owner-occupant, this can be a great way to become a property owner while having other tenants help offset the mortgage payment. Rents are Low, because they are occupied by long-term stable tenants! Each unit is currently renting for $1,100 and $1,300 per month. Market rent is $1,700 per month per unit, giving a Gross Rent Multiplier of 194 and a CAP Rate of 6.18. Whether you're looking for a single investment property or interested in acquiring the entire 10-unit portfolio, this is an opportunity worth exploring. See MLS #2188570 for 3751 Redmaple Rd, #2188578 for 791 E Whitemaple Way, and #2188566 180 E Baird Ave. Call Agent for Showing Appointments. Do not disturb tenants!

Location

State UT

County Salt Lake

Area Holladay; Millcreek

Zoning Multi-Family

Interior

Heating Forced Air, Gas: Central

Flooring Carpet

Inclusions Ceiling Fan, Microwave, Range, Range Hood, Refrigerator

Fireplace false

Window Features Blinds

Exterior

Exterior Feature Double Pane Windows

Carport Spaces 2

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

View Y/N No

Roof Type Membrane

Present Use Residential

Topography Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat

Accessibility Single Level Living

Total Parking Spaces 10

Private Pool false

Building

Lot Description Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Full

Faces North

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Architectural Style Side By Side

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Crestview

Middle Schools Olympus

High Schools Olympus

School District Granite

Others

Senior Community No

Tax ID 22-05-230-006

Acceptable Financing Cash, Conventional, VA Loan

Horse Property No

Listing Terms Cash, Conventional, VA Loan

Listed by Equity Real Estate (Advantage)

I CAN HELP YOU MAKE AN OFFER ON THIS PROPERTY

Franco Preston
Franco Preston

REALTOR® · Co-founder, Olympus Real Estate License ID: 13266410

+1(801) 403-4185 | h4e.franco@gmail.com

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1324 E 4170 S